Akurateco is a payments orchestration platform designed to help businesses streamline their payment processes. With Akurateco, you can easily manage multiple payment methods, currencies, and countries, making international transactions simple and efficient. The platform offers advanced fraud prevention tools, automatic chargeback management, and customizable reporting and analytics. With its user-friendly interface, Akurateco is ideal for businesses of all sizes looking to optimize their payment processing capabilities. Whether you need to accept credit cards, e-wallets, or alternative payment methods, Akurateco can help you provide a seamless checkout experience for your customers while reducing risk and increasing revenue. Here at Akurateco, we strive to provide the highest level of service and support to ensure your business’s success.
Cryptocurrencies have revolutionized the world of electronic payments. Therefore, it is essential for cryptocurrency exchanges to have a modern payment solution that allows for deposits and payouts to be made quickly and seamlessly. This not only improves user experience but also ensures the security of sensitive data and compliance with regulatory requirements.
One such solution is the Payment Orchestration Platform, a cutting-edge technology-driven payment software that has gained popularity among high-risk industries due to its numerous features that increase payment conversion and save on processing costs. In this article, we will explore how payment orchestration can benefit crypto exchanges.
Crypto payment processing: Leveling up
In the fast-paced online payment industry, payment software must meet the following needs:
– Security: Since cryptocurrency exchanges process large volumes of money, they are prime targets for hackers. Therefore, payment solution providers must offer multiple security layers such as two-factor authentication, encryption, monitoring systems, and tokenization vaults to protect against theft and fraud.
– Quick and efficient processing: Even the slightest delay in payment processing can result in lost profits and missed opportunities in the dynamic cryptocurrency market. Therefore, a payment solution should be able to process transactions quickly and efficiently to execute pay-ins and payouts promptly.
– Global payment support: Cryptocurrency exchanges are international projects, so payment software providers should support popular global and local payment methods for customer convenience.
– Automated data consolidation: Collecting data from various payment connector admin panels can be time-consuming. Therefore, the data on all payments should be automatically consolidated in one admin panel to ease the crypto exchange’s load.
Akurateco payment orchestration platform: Crypto’s missing piece
Akurateco is a payment orchestration platform that offers robust and secure payment software for crypto exchange owners. Our system provides over 250 payment connectors worldwide via one integration with Akurateco and the ability to develop new integrations upon request. Our integrated banks and payment providers are global and local, including credit and debit cards, cryptocurrencies, e-wallets, QR payments, and alternative payment methods.
To protect our clients from hackers and fraudulent activity, we use advanced anti-fraud filters tailored to high-risk industries. Our risk management system uses third-party risk-scoring providers, including Fraudio, MaxMind, Sift Science, and AcuityTech. Additionally, our anti-fraud can enhance bank relations with smart routing and cascading.
Smart routing technology helps save on processing costs and declines by choosing a payment provider with the highest probability of transaction approval for each payment. Smart cascading saves multiple transactions from getting rejected and sends them to another payment provider and as many as needed within a single payment attempt. As a result, you will see an increase in payment conversion rates, and customers can complete payouts at the desired exchange rate, improving their user experience.
Automated billing automatically calculates fees, profits, and settlements, freeing up your time for strategic business processes. With a user-friendly data management tool, payment data is consolidated in one place, making it easy for crypto exchanges to manage payment data from various payment channels without manual intervention.
Akurateco’s payment orchestration platform is a white-label turn-key payment solution branded according to your brand and style to increase customer trust and enhance your brand image.
To sum up
For crypto exchanges, having a robust and secure payment solution is critical in a dynamic and high-risk industry. Akurateco Payment Orchestration Platform is up to the task, providing a solution that meets all specific needs, ensures payment security, quick and efficient payment processing, supports global payment methods, automates data consolidation, and enhances customer experience.